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Peruvian ag exports to surpass $11.5B by the end of 2024

peru exports

Peru’s agricultural exports reached $10.545 billion at the end of 2023, and they are projected to exceed $11.5 billion by the end of 2024, according to the Ministry of Agrarian Development and Irrigation (Midagri), as reported by Andina.

Headshot of Marco Campos, Produce Blue Book's media coordinator for Latin America.

“Despite the unfavorable context, the excellent work of agricultural producers and exporters, joined by the (Peruvian) State, allowed for reversing this adversity and making possible for agricultural shipments in 2023 to exceed by 2.9 percent those reported a year earlier,” Midagri’s Agricultural Foreign Trade Specialist Cesar Romero told El Peruano Official Gazette.

The official highlighted that, over the last 23 years, Peruvian agricultural exports have grown at an average rate of 11.9 percent per year.

Romero said there are 20 products that account for 74.6 percent of total agricultural exports. Among these are grapes, blueberries, avocados, asparagus, mangos, citrus, coffee, cacao, bananas, artichokes, dried paprika, ginger (kion), and quinoa.

However, according to the figures managed by Midagri, there are three Peruvian ag products whose annual performance exceeds or nears $1billion: grapes, blueberries, and avocados.

Grapes currently lead Peru’s agro-exports ranking, as in 2023, 649,000 tons were exported worth $1.745 billion, 28 percent more than in 2022.

During 2023, Peruvian grapes were exported to 55 markets, most notably to the U.S. (47 percent of the total), the European Union (17 percent), and Asian countries (13 percent), mainly in Hong Kong and China.

Blueberries are the second largest Peruvian agro-export product, since by the end of 2023, shipments abroad totaled $1.676 billion, registering a 23 percent growth compared to the previous year.

Peruvian blueberries reach 44 foreign markets, with the U.S. taking 57 percent of the total, followed by the European Union (22 percent), and then there are other destinations such as China and Hong Kong.

Avocados are ranked third among Peru’s main agro-export products, considering that in 2023 shipments abroad totaled $963 million, 7.6 percent above the previous year, as they reached 599,000 tons in volume.

According to the National Agricultural Health Service (Senasa), Peruvian avocados are allowed to be exported to 73 markets around the world, with the European Union being the largest buyer, accounting for 51.8 percent of the total. In second place is the U.S. (13.9 percent); followed by Mexico, Chile, and Asian countries.

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Peru’s agricultural exports reached $10.545 billion at the end of 2023, and they are projected to exceed $11.5 billion by the end of 2024, according to the Ministry of Agrarian Development and Irrigation (Midagri), as reported by Andina.

Headshot of Marco Campos, Produce Blue Book's media coordinator for Latin America.

“Despite the unfavorable context, the excellent work of agricultural producers and exporters, joined by the (Peruvian) State, allowed for reversing this adversity and making possible for agricultural shipments in 2023 to exceed by 2.9 percent those reported a year earlier,” Midagri’s Agricultural Foreign Trade Specialist Cesar Romero told El Peruano Official Gazette.

The official highlighted that, over the last 23 years, Peruvian agricultural exports have grown at an average rate of 11.9 percent per year.

Romero said there are 20 products that account for 74.6 percent of total agricultural exports. Among these are grapes, blueberries, avocados, asparagus, mangos, citrus, coffee, cacao, bananas, artichokes, dried paprika, ginger (kion), and quinoa.

However, according to the figures managed by Midagri, there are three Peruvian ag products whose annual performance exceeds or nears $1billion: grapes, blueberries, and avocados.

Grapes currently lead Peru’s agro-exports ranking, as in 2023, 649,000 tons were exported worth $1.745 billion, 28 percent more than in 2022.

During 2023, Peruvian grapes were exported to 55 markets, most notably to the U.S. (47 percent of the total), the European Union (17 percent), and Asian countries (13 percent), mainly in Hong Kong and China.

Blueberries are the second largest Peruvian agro-export product, since by the end of 2023, shipments abroad totaled $1.676 billion, registering a 23 percent growth compared to the previous year.

Peruvian blueberries reach 44 foreign markets, with the U.S. taking 57 percent of the total, followed by the European Union (22 percent), and then there are other destinations such as China and Hong Kong.

Avocados are ranked third among Peru’s main agro-export products, considering that in 2023 shipments abroad totaled $963 million, 7.6 percent above the previous year, as they reached 599,000 tons in volume.

According to the National Agricultural Health Service (Senasa), Peruvian avocados are allowed to be exported to 73 markets around the world, with the European Union being the largest buyer, accounting for 51.8 percent of the total. In second place is the U.S. (13.9 percent); followed by Mexico, Chile, and Asian countries.

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Marco Campos is Media Coordinator, Latin America for Blue Book Services